Ontario budget threatens recovery, piles on debt
Cancelled cuts mean $2 billion in extra business income tax, education tax over next 3 years
By Canadian Taxpayers Federation —— Bio and Archives--March 27, 2012
Canadian News, Opinion | Comments | Back To Full Article
• Total debt forecast to hit $314.1 billion by 2014-15
• McGuinty must deliver wage and pension concessions from government employees
TORONTO, ON: The Canadian Taxpayers Federation (CTF) slammed the 2012 Ontario budget delivered today at Queen’s Park, after the McGuinty government forecast a massive deficit of $15.2 billion, and abandoned promised cuts to income taxes and education taxes for business.
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